Lukoil Neftochim Refinery in Bulgaria Fined for Pollution
The Lukoil Neftochim refinery in the seaside city of Burgas in Bulgaria will be fined BGN 200,000 – 250,000 (about EUR 100,000) because it polluted...
Category : Mining News
Bulgaria mining: Dundee gold mine Chelopech upper areas drill plan
Dundee Precious Metals Inc. announced the results of the updated Mineral Reserve estimate for its Chelopech mine in Bulgaria, as prepared by CSA Global (UK) Pty. Ltd....
Dundee biggest concessionaire contributor to state Bulgaria budget in 2013
Dundee Chelopech gold mine is the biggest contributor to state budget on the account of concession fees. Nearly EUR 44.74 m is the amount of income...
Tasman Metals Expects Norra Karr Mining Lease to be Cancelled
Tasman Metals reported that its mining lease for its Norra Karr heavy rare earth element project in Sweden has been cancelled. The company still holds...
Mechel Russia to supply coal to Baosteel China
Russian steel and mining company Mechel has extended its coal supply agreement with China-based Baosteel Resources. Russian steel and mining company Mechel has extended its previously...
Russian takeover of Mongolia Dornod uranium deposits, swap dept to equity
Russian government wisely initiated dept to equity deal, $150 million dispute over unpaid Mongolian debt “to move ahead with the Dornod [uranium] deposit, which holds over seven...
Romania Gov increase of mining royalties raise protests of mining exploitation companies
Mining companies are protesting against the government claiming that increase of royalties is illegal. Some mining companies that hold licenses for mining concession in Romania have...
Alacer Gold announces further exploration results for the Çőpler District in Turkey
Drilling from the Yakuplu North prospect in the Çöpler District in central eastern Turkey has continued to define near-surface leachable oxide mineralization. Alacer Gold Corp. is pleased...
BP PLC has bet billions of dollars on Azerbaijan’s giant natural-gas reserves
Investors reward thriftiest oil-and-gas companies In a reversal from recent years when investors tended to reward companies that pursued rapid growth above all else, stocks...
Petromanas announces closing of sale of Albanian assets to Shell
Petromanas Energy Inc. is pleased to announce closing of the previously announced sale of substantially all of the assets of Petromanas Albania GmbH, Petromanas’ wholly-owned...